Deepak kumar Blogs

  Ford Motor has held talks with MK Stalin-led Tamil Nadu government to explore feasibility of renewing its three decade partnership with the state. Source: REUTERS. F ord Motor has held talks with India's southern state of Tamil Nadu to explore producing vehicles for exports, Tamil Nadu's chief minister MK Stalin said on Wednesday. The US automaker had stopped making cars in India three years ago after struggling to boost sales in a market dominated by Asian rivals. "Had a very engaging discussion with the team from Ford Motors. Explored the feasibility of renewing Ford's three decade partnership with Tamil Nadu, to again make in Tamil Nadu for the world," MK Stalin said in a post on X. Ford continues to explore suitable alternatives for its plant in Chennai, the automaker said in a statement. Chennai is the capital of Tamil Nadu. Ford, with two plants in India, had a less than 2 per cent share of the Indian passenger vehicle market when it stopped production, ha...

  L arsen & Toubro Ltd. (L&T) plans to invest over $300 million to establish a semiconductor company, marking the conglomerate's entry into India's emerging chip industry. Over the next three years, L&T will create a fabless chipmaker, which focuses on designing and selling semiconductors while outsourcing production. The company aims to develop 15 chip products by the end of 2024, with sales expected to begin in 2027, according to Sandeep Kumar, head of L&T Semiconductor Technologies. The move aligns with the efforts of both global and domestic companies looking to benefit from India’s push to build local semiconductor capabilities and reduce dependency on costly imports. As geopolitical tensions between the US and China rise, electronics manufacturers are seeking alternatives to China and Taiwan, positioning India as an attractive hub for chip production. While L&T’s investment is modest compared to industry giants like Nvidia and Advanced Micro Devices, t...

  IEX shares may rise another 23%, says Antique; Brokerages turning bullish Shares of Indian Energy Exchange Ltd. (IEX) will be in focus in Thursday's trading session. Brokerage firm Antique Stock Broking has maintained a 'Buy' recommendation on IEX, raising the price target to ₹262 from ₹219 earlier. This indicates a potential upside of 23% from Wednesday's closing levels. The company has seen a continued double-digit volume growth in August 2024, with year-to-date volume growth for FY25 up by 31% compared to the previous year. This growth has been supported by softness in exchange prices, with the Day-Ahead-Market (DAM) market price at ₹4.3 per kwh, down 37% year-on-year. Volume in the Renewable Energy Certificate (REC) market has surged 3.2 times year-to-date, supported by SEB participation to meet Renewable Purchase Obligations, alongside voluntary customers aiming for sustainability goals. Antique has raised its FY25, FY26, and FY27 earnings per share (EPS) esti...

  Trump Media & Technology Group Corp drops 16.5% after Harris-Trump debate I nvesting.com -- The presidential debate between Vice President Kamala Harris and former President Donald Trump has led to Trump Media&Technology Group (NASDAQ:DJT) shares to plummet 16.5% in pre-open trade on Wednesday.  The debate concluded with Kamala Harris being declared the winner in CNN’s flash poll by a margin of 63-37. Despite this clear victory, the debate's long-term impact on the election remains uncertain.  Analysts from Wolfe Research and Raymond (NS:RYMD) James flag that Trump's debate performance was marked by several missteps that contributed to TMTG's shares decline.  Trump’s performance was characterized by a lack of focus, with frequent diversions from his core arguments. His controversial remarks and off-topic distractions undermined his effectiveness and may have diminished investor confidence in TMTG. “He (Trump) certainly hammered the Biden record, especially ...

  Representational image. Pixabay P opular Indian TV actor Hina Khan was diagnosed with breast cancer. She is 36 and undergoing treatment for stage-3 cancer, busting the myth that older women, especially those in their late 40s and 50s are vulnerable to the disease. Firstpost spoke to  Dr Huma Noor  of Medical Oncology department at Fortis Escorts hospital in New Delhi to understand the changing pattern of breast cancer in particular and cancers in general. Excerpts: Breast cancer has emerged as the most common cancer with over 2.3 million cases a year worldwide. Some agencies say it’s second most common after lung cancer. Why are we witnessing such a surge in breast cancer? The reason for rise in breast cancer may be attributed to Westernised lifestyle - consumption of fast foods, oil-dense foods, lack of proper exercise, sedentary habits, overweight and obesity, late age marriage, and delayed motherhood. Family history has strong bearing with cancers.  A study by C...